The Argo plant recovery is still not showing up in earnings, and management cut full-year adjusted EPS guidance to $9.25 to $9.70 because of it. Operating income in the Food and Industrial Ingredients US/Canada segment fell 36% to $52 million, driving the quarter's miss with shares already near 52-week lows.
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Jim Cramer Says One Group of Stocks is ‘So Hated’ Right Now. Is it Time to Buy?
Jim Cramer called packaged food stocks 'so hated' right now, but the data behind the sentiment tells a more complicated story that could catch contrarian buyers off guard.
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Cerebras Systems, Cleveland-Cliffs, Equity Residential, FuelCell Energy, Lennar, Luckin Coffee, Toll Brothers, and More
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